Dealers Escape PHEV Tax 
EV Life
MAY 5, 2023
This article is for informational purposes only, and is not intended to provide tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction. As one might imagine, car dealerships are excited to share the $7500 tax credit to encourage you to buy a car.
Baua Electric
JANUARY 23, 2024
January 1, 2023, kicked off a fresh start of new tax credits for vehicles, both new and used. Since then, much of the dust has settled on the Capitol as it continues to implement qualifying terms for tax credits , continuously shifting what used EVs do and do not qualify. Here’s the latest list. Here’s how it works.
Baua Electric
JANUARY 3, 2024
As sales of electric vehicles continue to grow in 2024, many new and prospective customers have questions about qualifying for a federal tax credit on electric vehicles. Luckily, we have compiled everything you need to know about tax credits for your new or current electric vehicle into one place. How much is the federal tax credit?
Clean Fleet Report
APRIL 25, 2022
Joining the SUV lineup of Crosstrek, Forester, Outback and Ascent, the Solterra is not Subaru’s first model with a plug as the Crosstrek Plug-in Hybrid Electric Vehicle (PHEV) debuted in 2019. Federal and state tax credits may affect your final price, so speak with your CPA before heading into your local Subaru dealer.
EV Adoption
JANUARY 2, 2023
Hailed as a huge win for auto manufacturers, car dealers, and consumers, the Clean Vehicle Credit (CVC) which is part of Inflation Reduction Act (IRA), at least for now is a confusing, hot mess for everyone involved. A phaseout of the tax credit occurred over several quarters down to zero. Confused yet?
Tony Karrer Delicious EVdriven
APRIL 21, 2009
About CalCars Plug-In Hybrids FAQ How to Get a PHEV Where PHEVs are Carmakers Say. Conversions are mostly for the Prius, with a few for the Ford Escape/Mercury Mariner hybrid SUVs. PHEVs with "Good Enough to Get Started" batteries. For a list of conversions completed to date, see Where PHEVs (mostly Priuses) Are.
EV Life
AUGUST 17, 2022
Federal EV Tax Credit. To accelerate the adoption of electric vehicles (EVs) and plug-in hybrids (PHEVs), the US Government offers a federal EV tax credit of up to $7500 to anyone purchasing or leasing an electric car. The tax credit depends on the manufacturer you choose and vehicle battery. Not listed.
Expert insights. Personalized for you.
52 
Let's personalize your content